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FINANCE RECEIVABLES (Tables)
 3 Months Ended
Sep. 30, 2021
Receivables [Abstract]  
Schedule of Finance Receivables As of September 30, 2021 and June 30, 2021, finance receivables consist of the following:
($ in thousands)September 30,
2021		June 30,
2021
Current finance receivables, net$8,031 $7,967 
Finance receivables due after one year, net10,832 11,632 
Total finance receivables, net of allowance of $1,209 and $1,109, respectively
$18,863 $19,599 
Schedule of Credit Quality Indicators
At September 30, 2021, the gross lease receivable by current payment performance on a contractual basis and year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$6,673 $2,831 $4,689 $2,602 $1,583 $22 $18,400 
30 days and under14 44 80 86 3 1 228 
31-60 days4 8 35 3 3 — 53 
61-90 days14 27 63 49 5 — 158 
Greater than 90 days102 147 460 439 46 39 1,233 
Total finance receivables$6,807 $3,057 $5,327 $3,179 $1,640 $62 $20,072 

At June 30, 2021, the gross lease receivable by current payment performance on a contractual basis and year of origination consisted of the following:
Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
Current$6,736 $3,970 $3,942 $3,081 $1,358 $31 $19,118 
30 days and under19 67 90 93 11 1 281 
31-60 days4 9 22 2 1 — 38 
61-90 days10 42 66 54 10 — 182 
Greater than 90 days46 69 490 419 54 11 1,089 
Total finance receivables$6,815 $4,157 $4,610 $3,649 $1,434 $43 $20,708 

At September 30, 2021, credit quality indicators by year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
High ratio customers$6,338 $2,747 $4,624 $2,423 $1,477 $16 $17,625 
Low ratio customers469 310 703 756 163 46 2,447 
Total finance receivables$6,807 $3,057 $5,327 $3,179 $1,640 $62 $20,072 


At June 30, 2021, credit quality indicators by year of origination consisted of the following:

Leases by Origination
($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotal
High ratio customers$6,415 $3,824 $3,793 $2,920 $1,290 $24 $18,266 
Low ratio customers400 333 817 729 144 19 2,442 
Total finance receivables$6,815 $4,157 $4,610 $3,649 $1,434 $43 $20,708 
Financing Receivable, Allowance for Credit Loss
The following table represents a rollforward of the allowance for finance receivables for the three months ending September 30, 2021 and 2020:
Three months ended September 30,Three months ended September 30,
($ in thousands)20212020
Balance at June 30$1,109 $150 
Impact of adoption of ASC 326*— 409 
Provision for expected losses100 — 
Balance at September 30$1,209 $559 
* The Company adopted Financial Instruments - Credit Losses (Topic 326) on July 1, 2020.
Schedule of Cash To Be Collected On Performing Financing Receivable
Cash to be collected on our performing finance receivables due for each of the fiscal years are as follows:
($ in thousands)
2022$9,408 
20235,794 
20243,925 
20252,467 
20261,129 
Thereafter66 
Total amounts to be collected22,789 
Less: interest(2,717)
Less: allowance for receivables(1,209)
Total finance receivables$18,863